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    Exceed has purchased this office building in Toowong for $37m

    Fund manager busy buying assets in a struggling office market

    Brisbane-based Exceed Capital has snared its second office building in nine months and is now circling bigger CBD assets

    • Larry Schlesinger

    Regional housing values gather steam

    Persistent demand for homes in regional areas with lifestyle advantages and affordable price points sparked a re-acceleration in price growth in the past three months.

    • Nila Sweeney

    UBS bets on co-working and bowling to fix troubled Melbourne mall

    UBS has secured two big tenancies for St Collins Lane, an arcade in the Melbourne CBD that has been one of the city’s worst performing malls for years.

    • Larry Schlesinger

    The battle for the streets of New York

    The Big Apple’s streets are teetering between lively and unlivable. Now, the city is about to embark on the country’s first congestion-pricing plan.

    • Dodai Stewart

    Why this $103m office on Sydney CBD fringe sold at no discount

    Listed property fund manager Centuria has sold its Biomedical Building to Kurraba Group for $103 million.

    • Campbell Kwan

    Aware Super wants a new chairman at Lendlease, fast

    Lendlease’s biggest investor has called for an external candidate to replace Michael Ullmer, and urgently steer the embattled developer’s turnaround.

    • Nick Lenaghan

    How it Sold

    The home at 21 Coventry Lane in NSW Central Coast’s Hamlyn Terrace sold at auction for $780,000, $50,000 more than the identical neighbouring property sold for in November.

    First home buyers purchase from investors in $780,000 sale

    This Central Coast home’s proximity to the M1 highway made it popular with tradies commuting to Sydney – and with rates outlooks stabilising, they were confident about buying.

    • Michael Bleby
    First cab off the rank: The investment property at 5 Pauls Drive, Valley View, was the first to be auctioned and reached a price of $885,000 before they paused and started selling the neighbouring home.

    The complicated $1.8m sale of a ‘gamble’ that didn’t pay off

    A suburban family bought their neighbours’ house to give them a larger block, but when interest rates went up further something had to give.

    • Michael Bleby

    Luxury Property

    Dexus is attempting to block Kevin Seymour’s eight-tower precinct (pictured), alleging it would take business away its own shopping centre down the road.

    Mall war: Kevin Seymour accuses Dexus of anticompetitive conduct

    The Rich Lister is accusing Dexus of acting anti-competitively for blocking his proposed Brisbane precinct to protect its own retail asset down the road.

    • Campbell Kwan

    Surgeon hopes to double suburb record with $18m waterfront castle

    On Sydney’s Lower North Shore, a regal waterside property has joined the market guiding $18 million.

    • Bonnie Campbell
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    This Month

    Premium properties are being hotly contested in Sydney’s inner west.

    Glebe bungalow leapfrogs guide by $1.2m as clearance rates soften

    While competition for premium properties remains strong, on-the-fence buyers are stepping back as hopes of a looming rate cut fade.

    • Bonnie Campbell
    Mutton Hole and Oakland Park (pictured) have a carrying capacity of 17,000 cattle

    Rural Funds, SA winemakers list $80m of cattle stations

    Rural Funds is selling two cattle properties in Queensland’s Gulf of Carpentaria, while the SA-based DiGiorgio family is selling Aroona Station in the NT.

    • Larry Schlesinger
    Dexus is attempting to block Kevin Seymour’s eight-tower precinct (pictured), alleging it would take business away its own shopping centre down the road.

    Mall war: Kevin Seymour accuses Dexus of anticompetitive conduct

    The Rich Lister is accusing Dexus of acting anti-competitively for blocking his proposed Brisbane precinct to protect its own retail asset down the road.

    • Campbell Kwan
    he Gundary Aggregation is being sold by David and Kerry Fife.

    Wagga sheep farm of Fraser-era minister Wal Fife listed for $30m

    The 2000 hectares Gundary was owned by the late politician until his death in 2017. Mr Fife served in the NSW and federal parliaments for over 35 years.

    • Larry Schlesinger

    Surgeon hopes to double suburb record with $18m waterfront castle

    On Sydney’s Lower North Shore, a regal waterside property has joined the market guiding $18 million.

    • Bonnie Campbell
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    Designer Jessie French with the algae-based decal she has created on the window of retail Aesop’s Collins Street store in Melbourne.

    Why Aesop is putting algae on its shopfronts

    The upcoming Melbourne Design Week reveals ideas already in use that could change our world. But getting them to scale is no simple task.

    • Michael Bleby

    Lendlease sells down Asia venture amid campaign for overhaul

    The $147 million sale of a stake in its life sciences business comes as activist investors demand the property giant pulls back from overseas markets.

    • Updated
    • Nick Lenaghan

    Adam Flaskas to sell luxury Brisbane ‘sky home’ before Manly move

    The developer and his fiancee have put their five-bedroom penthouse on the market ahead of a southern relocation.

    • Bonnie Campbell
    The five-bedroom property features a pool with mosaic details and harbour views.

    Laser Clinics co-founder Babak Moini to sell Mosman super pad

    The cosmetic industry entrepreneur has listed his striking mansion on Mosman’s exclusive Balmoral Slopes with a guide of $17.5 million.

    • Bonnie Campbell

    Ex Pendal CEO to sell $18m harbour mansion with trophy boatshed

    Emilio Gonzalez and his wife, Nicola, have called time on their Cremorne harbourside address, offering it to prestige shoppers.

    • Bonnie Campbell
    Lendlease chairman Michael Ullmer will step down from the property giant after 11 years service to the board.

    Lendlease’s Michael Ullmer to step down in board overhaul

    The country’s largest property group will face disgruntled investors this month, who are calling for significant changes to its strategy.

    • Aaron Weinman
    The resort includes a pool and bar.

    NRMA snaps up Yamba holiday park for more than $40m

    The association will add the Blue Dolphin Holiday Resort in Yamba to a tourism portfolio that includes Cradle Mountain Hotel and Freycinet Lodge in Tasmania

    • Larry Schlesinger

    Not a home office: cafe finds coffee and laptops don’t blend well

    The same reasons that drove19th-century writers from their garrets have led office workers to colonise café tables.

    • Jane Shilling
     A pool of outer-ring suburbs such as Somers in Victoria are among the newly minted top-end housing market after posting strong price growth since the onset of the pandemic, according to CoreLogic.

    Suburbs 100km from CBDs join upper echelon as prices surge

    Strong demand for stand-alone homes during COVID-19 has catapulted a string of outer and previously affordable middle-ring suburbs to the top of the housing ladder.

    • Nila Sweeney

    Perth property ‘went nuts’, but these sisters managed to get in first

    Jennifer and Maxine Gamble are sisters who have bought a house together to future-proof aged care issues that might arise in the future for them.

    • Campbell Kwan
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    Avid Property Group CEO Cameron Holt.

    Developer Avid flags $1.4b land lease housing play

    The privately owned developer that acquired Villa World in 2019 has expanded into the fast-growing land lease business. At scale.

    • Michael Bleby
    Lenders have appetite to provide finance for developments, but most of that money is going to smaller, luxury projects.

    Lenders’ preference for luxury units a blow to housing supply hopes

    Mortgage broker Stamford Capital is arranging construction finance for developments worth $5 billion. All of them are luxury apartment projects.

    • Larry Schlesinger
    This McDonald’s in North Rothbury sold on a 2.97 per cent yield.

    Developers cash in as investors spend big on fast food and childcare

    Nearly $50m was splashed by investors at a commercial property auction in Sydney, of which almost half was spent on fast food outlets on long leases.

    • Larry Schlesinger

    Restaurant duo splashes on Albert Park mansion with dark history

    Nomad Group’s Al and Rebecca Yazbek have paid about $11 million for Hambleton House on Albert Park’s best street in Melbourne’s bayside.

    • Bonnie Campbell
    vvv

    Can $32 billion fix the housing crisis?

    The Albanese government’s ambitious plan to boost housing supply might not make a difference before the next election. Is there a better solution?

    • Robert Harley